Zonda Exchange Faces Withdrawal Crisis Amid Bitcoin Wallet Access Issues
- The CEO of Zonda disclosed a Bitcoin wallet containing approximately 4,500 BTC.
- The private keys to the wallet were not transferred during a company handover.
- This situation has contributed to an ongoing withdrawal crisis at the exchange.
- Zonda is currently facing scrutiny as users are unable to access their funds.
The revelation about the inaccessible Bitcoin wallet raises concerns regarding the management and operational integrity of Zonda amid its withdrawal crisis.
With around 4,500 BTC locked in a wallet without accessible keys, Zonda’s ability to resolve user withdrawals is under significant pressure. Source
